Seros Financial LLC Invests $951,000 in iShares Russell 2000 ETF (NYSEARCA:IWM)

Seros Financial LLC bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 4,687 shares of the exchange traded fund’s stock, valued at approximately $951,000. iShares Russell 2000 ETF accounts for about 0.9% of Seros Financial LLC’s holdings, making the stock its 23rd biggest position.

A number of other hedge funds have also recently bought and sold shares of the stock. Red Door Wealth Management LLC lifted its position in iShares Russell 2000 ETF by 100.1% in the fourth quarter. Red Door Wealth Management LLC now owns 1,941 shares of the exchange traded fund’s stock worth $429,000 after purchasing an additional 971 shares during the period. Madrona Financial Services LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth about $1,096,000. Fiduciary Family Office LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $285,000. Avior Wealth Management LLC increased its stake in iShares Russell 2000 ETF by 10.3% in the fourth quarter. Avior Wealth Management LLC now owns 7,326 shares of the exchange traded fund’s stock valued at $1,597,000 after acquiring an additional 685 shares during the period. Finally, D.B. Root & Company LLC raised its position in iShares Russell 2000 ETF by 6.7% in the fourth quarter. D.B. Root & Company LLC now owns 1,244 shares of the exchange traded fund’s stock worth $275,000 after purchasing an additional 78 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 0.5 %

Shares of IWM stock opened at $229.33 on Friday. The stock’s fifty day simple moving average is $229.30 and its 200 day simple moving average is $221.92. iShares Russell 2000 ETF has a one year low of $190.06 and a one year high of $244.98.

About iShares Russell 2000 ETF

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.